PAC Doverie and Bulstrad Life with a joint initiative for financial and risk literacy among students in Shiroka Laka

At the end of April 2025, representatives of Bulstrad Life and PAC Doverie met with students from grades 10 to 12 at the National School of Folk Arts "Shiroka Laka" in the Rhodope village of Shiroka Laka.

During the meeting, representatives of the two companies explained various aspects of pension insurance and life insurance. They explained to the young people the advantages of these options for saving and investing and showed them how they can be useful for ensuring their future financial stability. The students also had the opportunity to ask their questions about the nature of voluntary pension funds and the different types of insurance. 

In addition to presenting the activities of both companies to the students, the joint initiative also included a donation of computer equipment that will be used to train young talents. 

We would like to thank the management and students of NSFA “Shiroka Laka” for their warm welcome and active participation in the educational discussion. Bulstrad Life and PAC Doverie remain committed to supporting the younger generations and will continue to promote financial and risk literacy among students as part of their social responsibility to society. 

About the Shiroka Laka National School of Folk Arts:

The "Shiroka Laka" National School of Folk Arts was founded in 1971 and is located in the heart of the Rhodope Mountains. The school offers specialized training in Bulgarian folk dances, folk singing, and folk instruments. It has highly qualified teachers who have graduated from prestigious music academies and modern teaching and training facilities.

Students receive both professional music education and a secondary school diploma. Among its alumni are many famous musicians and singers who continue to develop and promote the Bulgarian musical tradition. 

About Bulstrad Life:

Bulstrad Life was founded in 1994. The company is one of the leading life insurers in Bulgaria and is number one in health insurance. Bulstrad Life is an expert in offering products and services in the field of life and health insurance, as well as in introducing innovative market solutions for higher quality customer service. 

Since 2007, Bulstrad Life has been part of the large family of Vienna Insurance Group, which is one of the leading insurers in Austria and Central and Eastern Europe.

As a socially responsible company, Bulstrad Life encourages the exchange of knowledge, ideas, and experience, supports diversity in the environment, and its manifestation in the form of partners, customers, and employees. It strives to implement sustainable development practices with care for people and the environment in the long term.  

About Pension Insurance Company Doverie:

Pension Assurance Company Doverie was founded in 1994 and holds the first license in Bulgaria to offer supplementary pension insurance.

According to data from the Financial Supervision Commission, as of December 31, 2024, the number of clients of the funds managed by the company exceeded 1.23 million people, representing a 24.30% market share in terms of the number of insured persons.

PAC Doverie is also the only pension insurance company in Bulgaria that has increased all lifetime and deferred pension payments to its clients for the fourth consecutive year, at a rate higher than the annual inflation rate (2.2% - measured by the HICP, published by the NSI at the end of January 2025).

Since 2008, the majority shareholder of the company has been Vienna Insurance Group, which has a 200-year history in insurance and is the preferred choice for more than 33 million customers in 30 countries.

PAC Doverie has a corporate social responsibility policy, and its activities contributing to the positive development of society are carried out under the motto: "Kindness is an investment that never fails".